In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
The altcoin market is consolidating after a weak attempt to recover.
Coinbase has revised its listing policy, replacing the long and convoluted process of selecting cryptocurrencies and tokens with a simple procedure that will quickly expand the list of crypto assets traded on the exchange.
The trustee of the bankrupt company Mt.Gox, Japanese lawyer Nobuaki Kobayashi, better known in the cryptocurrency community as “The Whale of Tokyo,” withdrew another 25.98 billion yen ($230 million) from the exchanger in Bitcoin and Bitcoin Cash cryptocurrencies.
Prices went flat. The sideways movement could last until Friday.
According to CNBC, Google has adopted a new policy according to which it will change its views on advertising related to cryptocurrency and will allow some types of it. Facebook made the same decision in June.
Financial giant SBI Group is testing a cryptocurrency token that will be used for retail payments from mobile devices
According to new data from Chainalysis, the number of coins being used for trading by individual traders is growing. Approximately 4.8 million bitcoins (32% of the total supply of coins in existence, minus lost coins) were held in the wallets of active traders as of August 31. At the end of 2017, when the market peaked, individuals owned just 3.8 million bitcoins (representing 26%).
Coinbase, one of the most trusted cryptocurrency marketplaces, has announced a partnership with Caspian, an institutional-focused cryptocurrency asset management platform. According to representatives of the companies, this cooperation will help a large number of financial institutions enter the digital asset market.
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